Shopping Center REIT Shines With 44% Gains

Good Afternoon! 

Hey, everyone. It's Adam from Elite Trade Club. 

Here’s what moved the market today.

Markets 📈

The market settled into a cold spell today, causing U.S. indexes across the board to lose ground. The small-cap Russell 2K index fell the worst, dropping nearly one and a half points overall.

Gold

Gold Hits New Peak as the Fed Cut Rates

Gold prices soared to a new peak of $2,687 per troy ounce following a bold 50-basis-point rate cut by the U.S. Federal Reserve.

Experts are predicting that this bullish trend may continue, making now the perfect time to enter the gold market.

Investors are increasingly turning to gold as a hedge against inflation and economic uncertainty. With rising demand, the opportunity to capitalize on climbing prices might not last long.

Explore how you can benefit from this gold rally.

Market-Moving News 📈

Verizon Restores Service After Widespread Network Disruption

Verizon recently dealt with a widespread disruption that left mobile users across the country without service for hours. Customers reported losing access to data, voice, and text functions, which affected their daily lives. The outage appeared to be concentrated in several cities, particularly on the East Coast, with many users experiencing connectivity issues throughout the day.

Millions of complaints were logged during the disruption, with reports of outages spreading across numerous locations. As the problem persisted, online platforms monitoring service outages showed a sharp increase in user reports during the affected period, signaling the scope of the issue.

Verizon’s technical team worked to restore normal operations, and by Monday evening, services were back online. Customers still experiencing difficulties were encouraged to restart their devices. Federal regulators were also alerted to the situation and began looking into the cause of the outage.

While services are now functioning normally, the event has raised concerns about the reliability of the network, especially during critical times when uninterrupted communication is essential for customers across the country.

Fire Disrupts iPhone Production in India Ahead of Festive Rush

A recent fire at Tata Group's iPhone component factory in southern India has caused significant disruption, halting production indefinitely. This facility is the only Indian supplier of iPhone back panels and other essential parts, crucial for both local assembly and exports. The production freeze could impact supply during India's festive season, where iPhone demand is expected to surge. Apple may need to source critical components from China or other locations to meet its production goals.

Although Apple suppliers typically maintain several weeks of stock, a prolonged suspension could require additional shifts or production lines outside of India to maintain supply. This disruption highlights ongoing supply chain challenges, which have also affected India's broader electronics manufacturing efforts.

Despite these setbacks, Apple has been expanding its operations in India. Tata, one of its newest partners, is expected to play a significant role in global iPhone shipments this year. However, the fire may delay Tata’s plans to increase production, raising concerns about the country's readiness as a major electronics manufacturing hub.

Epic Games Files New Antitrust Lawsuit Against Google and Samsung

Epic Games has once again taken legal action against Google, this time including Samsung, accusing both companies of stifling competition in the app store market. The lawsuit follows Epic's ongoing efforts to challenge app store practices, as it alleges that Samsung's "Auto Blocker" feature is being used to limit the installation of third-party apps, including Epic’s own app store.

The lawsuit claims that Samsung’s Auto Blocker, enabled by default on new devices, prevents users from easily downloading apps outside of Google and Samsung’s authorized stores. Epic argues that this feature creates unnecessary hurdles for users attempting to install competing app stores, making it difficult for third-party platforms to gain traction.

Epic’s legal filing is seen as a continuation of its broader antitrust battle against major tech players. The company claims that these restrictive measures harm both developers and consumers, who are left with fewer choices. While the lawsuit aims to challenge these practices, it also highlights the broader debate around app store monopolies and the barriers third-party platforms face in gaining access to mobile devices.

As this legal conflict unfolds, the outcome could have a significant impact on the mobile app ecosystem and competition in the digital marketplace.

Government Reports

How to Profit From "America's Earnings" Reports

When the government releases key data, it can trigger significant market movements—whether the news is good or bad.

These moments offer unique opportunities to capitalize on major shifts.

A well-timed trade could lead to impressive returns, with the potential for substantial gains up to +383% overnight.

Position yourself ahead of these announcements and take advantage of the upcoming market moves.

Learn how you can seize this opportunity.

Site Centers Corp [SITC] $17.06 (+44.58%)

Site Centers Corp successfully spun off Curbline Properties as an independent, publicly traded company.

United Natural Foods [UNFI] $21.96 (+30.56%)

United Natural Foods received a healthy dose of gains following a better-than-expected fourth-quarter earnings report.

Benitec Biopharma [BNTC] $10.98 (+19.42%)

Benitec Biopharma reached a new 52-week high today as the company continues to make big strides in its clinical developments.

CPI Card Group [PMTS] $23.00 (-17.36%)

CPI Card Group was dealt a heavy blow after its biggest shareholder put over one million shares up for sale today.

Alignment Healthcare [ALHC] $10.00 (-15.40%)

Alignment Healthcare revealed new healthcare plans targeting the elderly, leaving shareholders questioning the company’s direction.

IGM Biosciences [IGMS] $14.50 (-12.33%)

IGM Biosciences shares dropped after sharing news of a strategic transformation and changes to its leadership team.

Artificial Intelligence

AI Disruptor Poised for Massive Growth

This fast-growing AI startup is delivering 3.5X ROI to Fortune 1000 clients and is backed by top investors from major tech giants.

With a valuation skyrocketing from $5M to $85M in just 3 years, it’s already doubling revenue and transforming the marketing industry.

Now, shares are available at just $0.50, making it a unique opportunity for early investors.

Don’t miss out on this chance while allocations last.

Explore this investment opportunity before it’s too late.

That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback!

Thanks for reading. I'll see you at the next open! 

Best Regards,
— Adam G.
Elite Trade Club

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